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Fomento Economico Mexicano (FMX)
NYSE:FMX
RESEARCH TOOLSreports
Fomento Economico Mexicano (FMX) Stock Price & Analysis
142 Followers
FMX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$93.89 - $142.13
Previous Close$118.68
Volume469.99K
Average Volume (3M)788.07K
Market Cap
$25.50B
Enterprise Value$141.07B
Total Cash (Recent Filing)$191.84B
Total Debt (Recent Filing)$232.90B
Price to Earnings (P/E)35.7
Beta0.57
Next Earnings
Jul 25, 2024EPS Estimate
$1.26Last Dividend Ex-Date
Apr 16, 2024Dividend Yield1.68%
Share Statistics
EPS (TTM)3.33
Shares Outstanding1,789,110,016
10 Day Avg. Volume938,881
30 Day Avg. Volume788,073
Standard Deviation0.09
R-Squared0.35
Alpha-0.00140
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)6.15
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$148.25Price Target Upside24.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Fomento Economico Mexicano News
PremiumCompany Announcements
FEMSA Reports Strong Growth in Q1 2024
PremiumPress Releases
FEMSA Announces First Quarter 2024 Results
PremiumCompany Announcements
FEMSA Submits 2023 Annual Financial Report
PremiumPress Releases
FEMSA Files 2023 SEC Annual ReportBulls Say, Bears Say
Bulls Say
Financial PerformanceHealthy top line growth is expected for Oxxo with strong same-store sales, indicating a sound performance.
Shareholder ValueThere is potential for an upside surprise in investor distributions given the company's solid cash position and financial health.
Strategic InitiativesThe announcement reiterates the company's commitment to its strategic plan, reinforcing investor confidence.
Bears Say
Cash Use UncertaintyUncertainty about the use of potential excess cash is weighing on the stock, given no clear target for mergers and acquisitions in the US.
Operating ExpensesHigher operating expenses from labor costs could pressure Oxxo’s EBITDA margin.
ValuationCurrent valuation shows an approximately 8% discount versus the 5-year P/E average, with no significant catalysts for a sustained re-rating.
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Ownership Overview
0.00%
Insiders
9.35% Mutual Funds
3.74% Other Institutional Investors
86.90% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FMX FAQ
What was Fomento Economico Mexicano’s price range in the past 12 months?
Fomento Economico Mexicano lowest stock price was $93.89 and its highest was $142.13 in the past 12 months.
What is Fomento Economico Mexicano’s market cap?
Currently, no data Available
When is Fomento Economico Mexicano’s upcoming earnings report date?
Fomento Economico Mexicano’s upcoming earnings report date is Jul 25, 2024 which is in 78 days.
How were Fomento Economico Mexicano’s earnings last quarter?
Fomento Economico Mexicano released its earnings results on Apr 26, 2024. The company reported $0.484 earnings per share for the quarter, missing the consensus estimate of $1.127 by -$0.643.
Is Fomento Economico Mexicano overvalued?
According to Wall Street analysts Fomento Economico Mexicano’s price is currently Undervalued.
Does Fomento Economico Mexicano pay dividends?
Fomento Economico Mexicano pays a Semiannually dividend of $1.11 which represents an annual dividend yield of 1.68%. See more information on Fomento Economico Mexicano dividends here
What is Fomento Economico Mexicano’s EPS estimate?
Fomento Economico Mexicano’s EPS estimate is $1.26.
How many shares outstanding does Fomento Economico Mexicano have?
Fomento Economico Mexicano has 214,845,300 shares outstanding.
What happened to Fomento Economico Mexicano’s price movement after its last earnings report?
Fomento Economico Mexicano reported an EPS of $0.484 in its last earnings report, missing expectations of $1.127. Following the earnings report the stock price went up 3.319%.
Which hedge fund is a major shareholder of Fomento Economico Mexicano?
Among the largest hedge funds holding Fomento Economico Mexicano’s share is First Eagle Investment Management LLC. It holds Fomento Economico Mexicano’s shares valued at 1B.
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Fomento Economico Mexicano Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$148.25 (24.11% Upside)
$148.25 (24.11% Upside)
Blogger Sentiment
Bullish
FMX Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 2.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.7%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.97%
12-Months-Change
Fundamentals
Return on Equity
10.11%
Trailing 12-Months
Asset Growth
6.87%
Trailing 12-Months
Company Description
Fomento Economico Mexicano
Fomento Economico Mexicano, S.A.B. de C.V., also known as FEMSA, is a soft drink bottler and convenience store operator. The company is the world’s largest bottler of Coca-Cola trademark beverages. It also operates small-box retail chain stores, retail service stations for fuels and drugstores. Additionally, the company produces and distributes commercial refrigeration equipment, plastic cases, weighing equipment, food processing, and preservation solutions.
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FMX Earnings Call
Q1 2024
0:00 / 0:00
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FMX Stock 12 Months Forecast
Average Price Target
$148.25
▲(24.11% Upside)
Technical Analysis
Best Analysts Covering FMX
1 Year
1 Year Success Rate
14/24 ratings generated profit
1 Year Average Return
+6.08%
reiterated a buy rating 9 days ago
Copying Benjamin Theurer's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of +6.08% per trade.
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